POWERED BY MOMENTUM MEDIA
Perennial Better Future receives $100m Mercer mandate
The Perennial Better Future Strategy, an actively-managed portfolio focused on small and mid-cap companies shaping a better future, has been appointed to manage a $100 million mandate from Mercer Investments.
Perennial said the appointment demonstrated Mercer’s confidence in Perennial’s Better Future approach to sustainable investment.
Perennial Better Future portfolio manager, Damian Cottier, said: “It is pleasing to be recognised for our differentiated and authentic approach to environmental, social and governance (ESG) and sustainable investing.
“We are leveraging Perennial’s large and experienced investment team to find companies that are shaping a better future while pursuing strong, consistent returns for our investors. In this way, we are empowering investors and companies that are seeking to shape a better future.”
While more traditional ESG or sustainable-focused funds were mainly concerned with negative screening, the Perennial Better Future Strategy had a significant portion of the portfolio invested in companies which were focused on addressing global sustainability challenges.
These companies were often operating in global markets in areas that improved environmental or social outcomes such as healthcare, education, renewable energy, technology improving energy efficiency or resource use, as well as technology improving occupational health and safety outcomes.
“Mercer’s significant commitment to Perennial Better Future is a vote of confidence in our process and approach to sustainable investment.
“We are pleased to be recognised for our performance track record and authentic ESG-first investment strategy, which includes our proprietary in-house environment, social, governance and engagement scoring system, and our dedicated company engagement to improve ESG outcomes in small and mid-cap ASX listed companies.”
Recommended for you
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.72 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
27.64 3 y p.a(%)
